Housing Trends

Dodd Frank Update: Experts discuss AI as the next frontier of fair lending; Wells Fargo to pay another billion-dollar settlement

Monday, May 22, 2023 Experts discuss AI as the next frontier of fair lending At CBA Live, hosted by the Consumer Bankers Association, Dodd Frank Update sat in on a discussion with experts about the next frontier in fair lending: artificial intelligence (AI). The panel of experts discussed the ways AI is being used in...

State Senate Takes Aim at ‘Institutional’ Landlords

By: Jim Michaels COLUMBUS, Ohio (News Talk 1480 WHBC) – They are being called “institutional” landlords. Out-of-state corporate entities that buy a large number of homes in one fell swoop, many times not living up to their landlord-tenant agreements or even providing basic services. It has inspired bipartisan Senate Bill 76 in Columbus. The bill takes corporations owning 50 or more homes in a...

Millennials Make Historic Switch From Renter-Majority to Homeowner-Majority Generation

By: Alexandra Both With 52% of Millennials owning a home, the largest generation in the nation transitioned from renter-majority to owner-majority in 2022. The number of Millennial homeowners increased by 7 million in the last five years, more than triple the number added by Gen X, who came in second. Millennials remained the dominant renter generation, with 17.2...